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Category: News

Our top stories from May 2021

Published: June 3, 2021
Updated:

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CarbonLite's Reading, Pa. facility exterior at night.

Readers were drawn to news that CarbonLite’s facilities were auctioned last month. | Courtesy of CarbonLite

Our two most-read articles last month both focused on auction action from PET processor CarbonLite. Brand owner updates also caught the attention of readers.

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Feds to fund plastic film recycling research

Published: June 3, 2021
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Various plastic packaging sample illustrations.

Millions of dollars are available to redesign multi-layer films to make them recyclable or biodegradable. | Natykach Nataliia / Shutterstock

The U.S. government will provide up to $14.5 million to support R&D focused on single-use film packaging recycling.

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Plastics giants snatch up CarbonLite plants via auction

Published: May 26, 2021
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CarbonLITE's Dallas recycling facility featuring BHS equipment.

Equipment in CarbonLite’s Dallas PET recycling facility. Indorama Ventures submitted the high bid to acquire the plant during an auction this week.

As part of a bankruptcy case, DAK Americas, Indorama Ventures and The Sterling Group have submitted the high bids to acquire CarbonLite’s PET recycling facilities.

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Plastic exports increase in the first quarter

Published: May 26, 2021
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Aerial view of port in Baltimore, Md.

U.S. exports of scrap plastics increased in the first quarter of 2021, with Malaysia as the largest overseas destination. | WWK Photography / Shutterstock

Recovered plastic exports from the U.S. were up in the first three months of 2021 compared with the prior year. Canada brought in nearly a third of all exported material.

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Plastics producers put $25 million into new recycling fund

Published: May 26, 2021
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Signing business documents.

The Circular Plastics Fund will target both post-consumer and post-industrial PE and PP in the U.S. and Canada. | Gajus / Shutterstock

Dow, LyondellBasell and Nova Chemicals will invest at least $25 million in plastics recycling infrastructure, with a longer-term goal of growing the initiative to $100 million. Continue Reading

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Industry group adopts position on environmental justice

Published: May 26, 2021
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Recycling engineer in front of bales of material stacked outside.

ISRI’s adopted position comes as environmental justice is a growing topic of discussion within the recycling sector. | thirawatana phaisalratana / Shutterstock

The Institute of Scrap Recycling Industries recently affirmed its support for the “broad objectives” of the environmental justice movement, including equitable treatment for all people, positive contribution to surrounding communities, and more.

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Turkey will ban scrap polyethylene imports

Published: May 26, 2021
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View of Turkey on a map under a magnifying glass.

U.S. exporters shipped 2.9 million pounds of scrap PE to Turkey in the first quarter of 2021. | Kachor Valentyna / Shutterstock

The Turkish government this month announced it will end imports of recovered PE. The country is currently the 10th largest importer of the material from the U.S.

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